Democratic Progressive Party (DPP) Legislator Hsueh Ling’s (薛凌) husband, Sunny Bank chairman Chen Shen-hung (陳勝宏), was sentenced to three years and two months in prison by the Taiwan High Court yesterday for involvement in a loan scandal at Sunny Bank.
Hsueh was found not guilty in the same ruling.
Hsueh, Chen, Hsueh’s brother Hsueh Tsung-hsien (薛宗賢), Sunny Bank official Ho Ming-lung (何明龍) and Chen Yi-yuan (陳益源) were indicted over violations of the Banking Act (銀行法) and forgery in August 2007.
Hsueh Ling and Chen Shen-hung were found not guilty by the Shih-lin District Court in the first trial, but in the second ruling yesterday, the High Court said that as the bank’s chairman, Chen must have known the loan of more than NT$4 million (US$136,933) he authorized was questionable
The court ruled that there was insufficient evidence that Hsueh Ling was involved in the process.
Chen Shen-hung was sentenced to three years and two months in prison and was fined NT$3.2 million by the High Court.
Hsueh Tsung-hsien and Sunny Bank officials Ho and Chen Yi-yuan were all sentenced to four years in prison.
Ho and Chen Yi-yuan were fined NT$4 million, while Hsueh Tsung-hsien was fined NT$5 million.
The High Court ruling said the defendants as well as the prosecutors could appeal the ruling to the Supreme Court.
Prosecutors charged that in 2002, Sunny Bank official Ho and Chen Yi-yuan told Hsueh Tsung-hsien that the Chinese-language Chunghwa Daily newspaper was selling a building in Taipei for about NT$400 million and urged him to buy the property.
Prosecutors say Hsueh Tsung-hsien then bought the building and forged the contract, raising the sale price to NT$500 million, and took the forged contract to Sunny Bank to request a loan of more than NT$4 million against the deal.
Prosecutors argued that Hsueh Ling, her husband and two of his close assistants, Ho and Chen Yi-yuan, all knew the contract was forged and that they conspired to authorize the loan.
Chinese Nationalist Party (KMT) Chairman Eric Chu (朱立倫), spokeswoman Yang Chih-yu (楊智伃) and Legislator Hsieh Lung-chieh (謝龍介) would be summoned by police for questioning for leading an illegal assembly on Thursday evening last week, Minister of the Interior Liu Shyh-fang (劉世芳) said today. The three KMT officials led an assembly outside the Taipei City Prosecutors’ Office, a restricted area where public assembly is not allowed, protesting the questioning of several KMT staff and searches of KMT headquarters and offices in a recall petition forgery case. Chu, Yang and Hsieh are all suspected of contravening the Assembly and Parade Act (集會遊行法) by holding
Taiwan would welcome the return of Honduras as a diplomatic ally if its next president decides to make such a move, Minister of Foreign Affairs Lin Chia-lung (林佳龍) said yesterday. “Of course, we would welcome Honduras if they want to restore diplomatic ties with Taiwan after their elections,” Lin said at a meeting of the legislature’s Foreign Affairs and National Defense Committee, when asked to comment on statements made by two of the three Honduran presidential candidates during the presidential campaign in the Central American country. Taiwan is paying close attention to the region as a whole in the wake of a
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President William Lai (賴清德) has appointed former vice president Chen Chien-jen (陳建仁) to attend the late Pope Francis’ funeral at the Vatican City on Saturday on his behalf, the Ministry of Foreign Affairs said today. The Holy See announced Francis’ funeral would take place on Saturday at 10am in St Peter’s Square. The ministry expressed condolences over Francis’ passing and said that Chen would represent Taiwan at the funeral and offer condolences in person. Taiwan and the Vatican have a long-standing and close diplomatic relationship, the ministry said. Both sides agreed to have Chen represent Taiwan at the funeral, given his Catholic identity and
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